Safeguarding financial stability : theory and practice / Garry J. Schinasi.
| Author/creator | Schinasi, Garry J. |
| Other author | International Monetary Fund. |
| Format | Book |
| Publication Info | Washington, DC : International Monetary Fund, ©2006. |
| Description | xv, 311 pages : illustrations ; 23 cm |
| Supplemental Content | Table of contents |
| Subjects |
| Partial contents | pt. 1. Foundations. Money, finance, and the economic system -- Public policy aspects of finance -- Efficiency and stability -- pt. 2. Toward a framework for financial stability. Defining financial stability -- A framework for financial stability -- The role of central banks in ensuring financial stability -- pt. 3. The benefits and challenges of modern finance. Challenges posed by the globalization of finance and risk -- Systemic challenges posed by greater reliance on over-the-counter derivatives markets -- The market for credit risk transfer vehicles : how well is it functioning and what are the future challenges? -- Systemic implications of the financial market activities of insurance and reinsurance companies -- Ongoing national and global challenges. |
| Abstract | How is finance related to economic processes, and why should it be viewed as a public good requiring policy action? This book provides an answer and also: i) develops a practical framework for safeguarding financial stability, which encompasses both prevention and resolution of problems, and ii) examines on-going and future challenges to financial stability posed by "globalization," a growing reliance on OTC derivatives and their markets, the capital-market activities of insurers and reinsurers, and others.--Publisher's description. |
| Bibliography note | Includes bibliographical references (p. 285-301) and index. |
| LCCN | 2006295083 |
| ISBN | 1589064402 |
| ISBN | 9781589064409 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Joyner | General Stacks | HG101 .S35 2006 | ✔ Available | Place Hold |